Charlie Munger Said 'You're A Total Idiot' If You're Surprised When You Lose To People Like This

Charlie Munger believed there's no substitute for hard hours and perseverance, and he once explained it in a characteristically sharp way. Charlie Munger Correlated Relentless Work Ethic And Success Pointing to Korea's rise in autos, the late Berkshire Hathaway vice chair argued that "only a total idiot" would be surprised to lose to competitors who outwork and outlearn you. Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market